The Pennsylvania State University (commonly referred to as Penn State or PSU) is a public, state-related research university with campuses and facilities throughout Pennsylvania. Founded in 1855, the university has a stated threefold mission of teaching, research, and public service. Its instructional mission includes undergraduate, graduate, professional and continuing education offered through resident instruction and online delivery. Its University Park campus, the flagship campus, lies within the Borough of State College and College Township. The Penn State Dickinson School of Law has facilities located in both Carlisle and State College and the College of Medicine is located in Hershey. Penn State has another 19 commonwealth campuses and 5 special-mission campuses located across the state. Penn State has been labeled one of the "Public Ivies," a publicly funded university considered as providing a quality of education comparable to those of the Ivy League. Annual enrollment at the University Park campus totals more than 45,000 graduate and undergraduate students, making it one of the largest universities in the United States. It has the world's largest dues-paying alumni association. The university's total enrollment in 2009–10 was approximately 94,300 across its 24 campuses and online through its World Campus. The university offers more than 160 majors among all its campuses and administers $2.03 billion (as of June 30, 2013) in endowment and similar funds. The university's research expenditures exceeded $753 million for the 2009 fiscal year and was ranked 9th among U.S. universities in research income by the National Science Foundation. Annually, the university hosts the Penn State IFC/Panhellenic Dance Marathon (THON), which is the world's largest student-run philanthropy. This event is held in the Bryce Jordan Center on the University Park campus. In 2014, THON raised a program record of $13.3 million. The university's athletics teams compete in Division I of the NCAA and are collectively known as the Penn State Nittany Lions. They compete in the Big Ten Conference for most sports.Motto: Making Life BetterEstablished: 1855Type: Public, Flagship, State-related, Land-grant, Sea-grant, Space-grant, Multi-campusEndowment: $2.95 billionAcademic Staff: 8,864 (full and part time)Students: 45,518 University Park, 31,105 Commonwealth Campuses, 573 Dickinson School of Law, 797 College of Medicine, 604 Great Valley, 5,678 PA College of Tech, 13,287 World Campus: 98,097 TotalUndergraduates: 39,192 University Park, 30,388 Commonwealth Campuses, 5,671 PA College of Tech, 6,572 World Campus, 81,823 TotalPostgraduates: 6,159 University Park, 1,171 Commonwealth Campuses, 604 Great Valley, 601 Dickinson School of Law. 792 College of Medicine, 5,412 World Campus, 14,739 TotalLocation: University Park/State College, PennsylvaniaFormer names: Farmers' High School of Pennsylvania (1855–1862), Agricultural College of Pennsylvania (1862–1874), Pennsylvania State College (1874–1953)Colors: Dark Royal Blue, WhiteAthletics: NCAA Division I – Big TenSports: 29 varsity teamsNickname: Nittany LionsMascot: Nittany LionWebsite: www.psu.edu